Search results

Delhi’s spending will not ease Kashmir crisis

Location:

INDIA

Legislation dividing it into two union territories -- Jammu and Kashmir, and Ladakh -- was passed in early August, concurrently with the revocation of Jammu and Kashmir’s special…

Transport upgrades are Russia's World Cup win

Location:

RUSSIA

Russia's World Cup expenditure.

New SAA deal could taint Pretoria's reform agenda

Location:

SOUTH AFRICA

It also raises questions about President Cyril Ramaphosa’s reform plan for state-owned enterprises (SOEs), crucial to growth prospects and the restoration of public finances, as…

The Gaza war will worsen Jordan’s long-term debt risk

Location:

JORDAN

He was speaking at the signing ceremony for the first USD845mn grant bolstering the national budget, under a new agreement signed this year. The Gaza war has exacerbated concerns…

Nepal is unlikely to face a severe economic crisis

Location:

NEPAL

Some observers fear Nepal could soon end up in a full-blown economic crisis such as that now affecting Sri Lanka, which recently suspended external debt servicing. Kathmandu, like…

External factors will slow Greek GDP growth next year

Location:

GREECE

The economy is on track to grow by 5.3% year-on-year in 2022, outperforming market expectations for the second year in a row. In a sign of its recovery, Greece left the EU's…

Laos is at growing risk of sovereign debt default

Location:

LAOS

According to a debt sustainability analysis published by the IMF in May, Laos is in debt distress. Years of rapid growth in borrowing to fund infrastructure development…

Sri Lanka move on domestic debt will be of limited use

Location:

SRI LANKA

Securing debt restructuring agreements is a key condition of the four-year, USD3bn Extended Fund Facility (EFF) programme which the IMF’s Executive Board approved in March…

Sri Lanka will step up appeals to China and India

Location:

SRI LANKA

Sri Lanka’s foreign exchange (forex) reserves fell to USD1.6bn at end-November, enough to finance only about one month’s imports. Colombo has in recent years relied on…

Politics undermine Macau’s diversification plans

Location:

MACAU

However, Macau’s economy has become ever more dependent on gambling, and governance has become no more inclusive or consultative. Even mainland China has outpaced Macau in its use…